Key facts
- This page summarizes Brock Forrest's Form 4 filing for NET Power Inc. (NPWR).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 12 Jun 2023, 20:26.
Brock Forrest - 08 Jun 2023 Form 4 Insider Report for NET Power Inc. (NPWR)
- Reporting relationship
- Chief Technology Officer
- Issuer ticker
- NPWR
- Reported as of
- 08 Jun 2023
- Net transaction value
- $0
- Reporting owner signature
- /s/ Abbey MacDonald, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Brock Forrest filed Form 4 for NET Power Inc. (NPWR) on 12 Jun 2023.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NPWR
transaction
Class B Common Stock
Award
- Transaction value
- Shares
- +596,917
- Change %
- Price
- Shares after
- 596,917
- Date
- 08 Jun 2023
- Ownership
- By Forrest Family Capital, LLC
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NPWR
transaction
Derivative
Class A Units of NET Power Operations LLC
Award
- Transaction value
- Shares
- +596,917
- Change %
- Price
- Shares after
- 596,917
- Date
- 08 Jun 2023
- Ownership
- By Forrest Family Capital, LLC
- Underlying class
- Class A common stock
- Underlying amount
- 596,917
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
On June 8, 2023, as a result of the consummation of the transactions (the "Business Combination") contemplated by that certain Business Combination Agreement, dated December 13, 2022 and subsequently amended on April 23, 2023, by and among the issuer, NET Power Operations LLC (f/k/a Rice Acquisition Holdings II LLC) ("Opco"), Topo Buyer Co, LLC, Topo Merger Sub, LLC and NET Power, LLC ("Old NET Power"), in exchange for the equity interests of Old NET Power, which were cancelled, Forrest Family Capital, LLC received Class A units of Opco (the "Opco Units") and a corresponding number of shares of the issuer's Class B common stock (which together are exchangeable into shares of the issuer's Class A Common Stock on a one-for-one basis).
Footnote F2
The Opco Units (together with the corresponding shares of the issuer's Class B common stock) are exchangeable into cash or shares of the issuer's Class A common stock, at the issuer's election, on a one-for-one basis and have no expiration date.